$ 31.74
Key Takeaways
Risk factor
Resilient to price shocks
Profitability factor
Very poor margins and returns
About
Millrose Properties is a Homesite Option Purchase Platform (HOPP'R), an evolution of residential land banking, accelerating homebuilders' capital-efficient growth of controlled land positions. As a publicly traded Homesite Option Purchase Platform, Millrose provides investors with a unique residential real estate backed income-generating investment opportunity historically limited to institutional investors.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E.
Target Price
The average target price of MRP is 35 and suggests 10% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation sug
